The Yards Opens in Walker’s Point
Construction wrapping up as first residents move in.
The Yards apartment building. Photo by Jeramey Jannene.
The first residents have moved into The Yards, an, 86-unit apartment building located at the eastern edge of the Reed Street Yards.
The five-story building was constructed on a long-vacant lot at 223 W. Oregon St. along the burgeoning S. 2nd St. corridor in Walker’s Point. The project is the second Milwaukee project for Linden Street Partners. Its first, a 70-unit building dubbed The Quin, is located just to the southeast.
The two buildings, located kiddy corner from one another across S. 2nd St., both feature market-rate apartments, a small commercial space, fitness center and interior deck. The second building, which started with a pitch from landowners General Capital Group and Peter Moede, is slightly larger. RINKA designed both buildings and Altius Building Company led the general contracting. The latter company appears to have a punch list remaining with a handful of facade elements in various stages of completion, including the signature balcony system on the building’s southwest corner (see renderings below).
Linden Street partner Scott Richardson told Urban Milwaukee that the building’s name, The Yards, is a double entendre. It’s both a reference to the building’s location, on the eastern edge the business park, and to the amenities, which include a dog walk, second-story rooftop deck and balconies on every unit.
“It’s a walkable neighborhood. It has a lot of new activity of different types, lots of new restaurants, offices going in and a little bit of housing in the area, but not the amount of housing you have in other areas of Downtown,” said Richardson of the draw to the area.
Those “offices going in” are set to take a major step forward. Rite-Hite is proposing to relocate its corporate headquarters, and hundreds of employees, to a site just west of the new apartment building. The first public review for the project will take place in the coming weeks.
Renderings
Photos
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Why would anyone rent in Milwaukee at $2,500 to $3,000? I rented on the Eastside from 2004 to 2011 for a 1bdr for less than $700. The Brady area neighborhood had all the amenities these properties have. Now it even has the new Hoppe rail line a block away. The development of these “market priced” units all over the outlying downtown neighborhoods have a whiff of “white privilege” attached to it. Meanwhile those working downtown who make possible the efficiency of the city life to operate can’t afford to live in and enjoy their city. They can only observe others doing it at 3 times the affordable rent. I think it’s past time that $800 per month units be the standard for new development in near downtown spaces. Also new units like Walker’s Point require parking no matter how anyone defines walkable. These tenants aren’t going to walk very much at all. They don’t have to.